Shares of Utilities sector company PG&E moved 1.9% today, and are now trading at a price of $20.4. The Large-Cap stock's daily volume was 10,336,367 compared to its average volume of 14,081,316. The S&P 500 index returned a 1.0% performance.
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. The company is based in Oakland and has 28,010 full time employees. Its market capitalization is $44,747,599,872. PG&E currently offers its equity investors a dividend that yields 0.2% per year.
Over the last year, PCG's share price has increased by 13.0%, which represents a difference of -11.7% when compared to the S&P 500. The stock's 52 week high is $21.72 per share whereas its 52 week low is $15.94. PG&E has averaged free cash flows of $-7722666666.7 over the last 5 years, with a mean growth rate of -23.0%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,747,000 | 9,714,000 | -4,967,000 | 15.28 |
| 2022 | 3,721,000 | 9,584,000 | -5,863,000 | -8.03 |
| 2021 | 2,262,000 | 7,689,000 | -5,427,000 | 79.77 |
| 2020 | -19,130,000 | 7,690,000 | -26,820,000 | -1691.58 |
| 2019 | 4,816,000 | 6,313,000 | -1,497,000 | 15.04 |
| 2018 | 4,752,000 | 6,514,000 | -1,762,000 |
